OneMain Holdings, Inc. (NYSE:OMF) shares gapped down prior to trading on Thursday . The stock had previously closed at $27.38, but opened at $26.36. OneMain shares last traded at $25.25, with a volume of 5008706 shares changing hands.

Several research analysts have weighed in on the stock. Barclays reissued a “hold” rating and issued a $35.00 price target on shares of OneMain in a report on Wednesday. ValuEngine raised shares of OneMain from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Stephens raised shares of OneMain from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $29.00 to $35.00 in a report on Wednesday, August 23rd. Compass Point cut shares of OneMain from a “buy” rating to a “neutral” rating and set a $31.00 price target on the stock. in a report on Friday, November 3rd. Finally, BMO Capital Markets increased their price target on shares of OneMain from $31.00 to $34.00 and gave the company an “outperform” rating in a report on Friday, November 3rd. Nine investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $32.57.

The company has a market cap of $3,420.00, a price-to-earnings ratio of 8.29, a P/E/G ratio of 1.54 and a beta of 2.72.

OneMain (NYSE:OMF) last announced its earnings results on Wednesday, November 1st. The financial services provider reported $0.91 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.05 by ($0.14). OneMain had a return on equity of 14.15% and a net margin of 4.85%. The business had revenue of $808.00 million for the quarter, compared to the consensus estimate of $800.50 million. During the same period in the prior year, the business posted $0.90 earnings per share. The firm’s revenue for the quarter was up 4.9% compared to the same quarter last year. equities analysts expect that OneMain Holdings, Inc. will post 3.52 earnings per share for the current fiscal year.

In other news, Director Wesley R. Edens sold 1,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $26.00, for a total transaction of $26,000,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Wesley R. Edens sold 10,000,000 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $26.00, for a total transaction of $260,000,000.00. The disclosure for this sale can be found here. 57.73% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of OMF. JPMorgan Chase & Co. boosted its position in shares of OneMain by 103.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,336 shares of the financial services provider’s stock worth $107,000 after acquiring an additional 2,200 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of OneMain during the 3rd quarter worth approximately $119,000. Cubist Systematic Strategies LLC acquired a new stake in shares of OneMain during the 2nd quarter worth approximately $132,000. Pacer Advisors Inc. boosted its position in shares of OneMain by 12.0% during the 2nd quarter. Pacer Advisors Inc. now owns 7,261 shares of the financial services provider’s stock worth $179,000 after acquiring an additional 779 shares in the last quarter. Finally, Virginia Retirement Systems ET AL acquired a new stake in shares of OneMain during the 3rd quarter worth approximately $206,000. Institutional investors and hedge funds own 95.85% of the company’s stock.

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About OneMain

OneMain Holdings, Inc is a financial services holding company. The Company is a consumer finance company, which is engaged in providing personal loan products; credit and non-credit insurance, and service loans owned by it and service or subservice loans owned by third-parties. The Company’s segments include Consumer and Insurance; Acquisitions and Servicing; Real Estate, and Other.

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